TAM Maintains Leadership in Domestic and International Markets

SAO PAULO - International market share in May was 86.8% and 44.9% in the domestic market

TAM (NYSE: TAM; BOVESPA: TAMM4) announces the operating data for May 2009, as disclosed by the Brazilian National Civil Aviation Agency (ANAC) today.

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Our domestic demand, measured in RPKs, presented 13.9% reduction compared to the same period last year, and 11.0% increase in domestic supply, measured in ASK. In May, market demand decreased 5.5% and market supply increased 12.2%. We registered domestic market share (RPK) of 44.9%, a 4.4 p.p. decrease compared to the same period in 2008. Our domestic load factor was 56.7%, 2.5 p.p. lower than the market average of 59.2%.

In the international market, we registered 10.8% growth in RPK and 25.9% in ASK, compared to May 2008. We attained market share of 86.8%, representing 12.6 p.p. growth year on year. We attained 65.5% load factor, 3.2 p.p. higher than the market average of 62.4%.

Please find below our operating data for May:

Operating data May-2009 May-2008 Var. % Domestic Market ASK (millions) - Supply 3,204 2,886 11.0% RPK (millions) - Demand 1,817 2,110 -13.9% Load Factor 56.7% 73.1% -16.4 p.p. Market share 44.9% 49.3% -4.4 p.p. International Market ASK (millions) - Supply 2,107 1,675 25.9% RPK (millions) - Demand 1,381 1,247 10.8% Load Factor 65.5% 74.5% -8.9 p.p. Market share 86.8% 74.3% 12.6 p.p. Operating data Jan-May-2009 Jan-May-2008 Var. % Domestic Market ASK (millions) - Supply 16,056 14,179 13.2% RPK (millions) - Demand 10,062 10,008 0.5% Load Factor 62.7% 70.6% -7.9 p.p. Market share 48.6% 49.3% -0.7 p.p. International Market ASK (millions) - Supply 10,279 8,386 22.6% RPK (millions) - Demand 7,266 6,354 14.4% Load Factor 70.7% 75.8% -5.1 p.p. Market share 85.9% 69.8% 16.1 p.p.

Source: TAM

Libano Miranda Barroso, TAM Investor Relations, +55-11-5582-9715, fax, +55-11-5582-8149, invest at tam.com.br /Photo: https://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO